Billions of traders are scalping

Good morning everyone.

I have replied to all the messages I have received since yesterday.

If there are still people who have not received a message, please let me know via a message.

The current USD/JPY daily chart is moving beneath the line, as described in the Billionaire Trader's Scalping Manual.

Whether it will break long and move up, fall further, or continue within this range for a while, I guess any of these could happen, but there is no point in thinking about such distant possibilities.

In real life, worrying about past mistakes, brooding over what will happen in the future, or fantasizing in various ways does not solve anything.

In short, I think we must focus only on what to do now, today.

This morning, after the Tokyo stock market opened, I targeted a high price break and managed to grab a little over 50,000 yen with a 3P position.

This is a trade I like, and when I look at the Billionaire Trader's scalping chart on a 5-minute interval,

it seemed like they were saying, “It may go up,” so I went long.

Currently, it has hit a temporary low and is rising, so I would like to confirm the break of this low.

Yesterday, I received inquiries from people considering purchasing the Billionaire Trader's scalping guidance.

Coincidentally, three people among the several respondents asked the same question.

I think these are people trading, not necessarily limited to scalping, and the questions they asked were

“Do you enter from the next open price after the breakout?”

“Are you entering while the breakout is ongoing?”

That was the gist of the questions.

In the manual, under the item “How to take positions specifically,” there is an explanation, but

I think it stems from the image in the minds of prospective buyers about how to act in a breakout.

That is, there is no fixed rule like “do this.”

To put it plainly, the idea is to “make flexible, multi-perspective judgments.”

However, I think it is okay to have some guiding principles.

For example, in a long position, I often aim to go long after the price breaks above the line I am watching relative to the opening price, and then, on a shakeout, I enter on a bearish candlestick that slightly dips below the line I am watching again.

I try to execute that as much as possible after about 30 seconds have passed.

In general, as shown in the sketch below, the Billionaire Trader's scalping allows you to draw multiple lines in the direction you are about to take a position.

Typically, you draw them about 30 minutes before.

Prices tend to move within these multiple lines “in most cases.”

Since this is a long position, the aim is upward.

As in the image, you enter at a point where you can place a stop loss just below you.

If it rises, you can take profit immediately, or you can take profit when it touches or breaks the upper line.

Taking profits should be done with a light heart, but stop losses cannot be treated lightly.

If the L position falls from where you entered, you must be prepared to stop out as soon as it breaks the line just below.

From this kind of image, whether it is better to enter after the breakout at the next open price, during the breakout, or if long, to enter where it is falling, depends on the moment’s flexible judgment.

However, in my case, I do all of them, but among them I especially like the scenarios described above.

That is because I have seen thousands, tens of thousands of times the moment when you short down a massive pull and then, like a tug-of-war, it instantly rebounds and climbs again.

Since it is typically on a 1-minute chart, it can easily form a bullish candle for about one candle length.

I’m aiming for the next bullish candle from now on.

I appreciate your continued support today as well.

Scalping that Billionaire Traders do

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https://www.gogojungle.co.jp/tools/indicators/42559

Stress-free irregular hedging (Well, you won’t lose at all)

FX’s unconventional hedging

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https://www.gogojungle.co.jp/tools/ebooks/19435